Kevmar INC
$53,475 PPP Loan in Newport, Minnesota
Loan Details
- Loan Number
- 3020607205
- Date Approved
- Apr 16, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $53,475
- Current Approval
- $53,475
- Forgiveness Amount
- $53,925
- Forgiveness Date
- Feb 19, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Kevmar INC
- Address
- 3025 Bailey Rd
- City
- Newport
- State
- Minnesota
- ZIP Code
- 55055
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Other Services (except Public Administration) (811310)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 5
- Estimated Revenue
- <$5M
- Rural/Urban
- Urban
- Congressional District
- MN-02
Loan Use Breakdown
- Payroll
- $42,780
- Rent
- $8,000
- Utilities
- $2,695
Lender Information
- Servicing Lender
- Vermillion State Bank
- Originating Lender
- Vermillion State Bank
Other PPP Loans in Newport, MN
| Business | Approved | |
|---|---|---|
| Amerect Inc. | $1,528,384 | |
| Wlson Lines, INC | $938,500 | |
| Highland Sanitation & Recyclin | $458,672 | |
| Daley Electric, LLC | $415,600 | |
| Loupat Corporation | $269,343 |
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